Receivable from and payable to brokers, dealers and clearing organizations (Tables)

12 Months Ended

Dec. 31, 2023

Broker-Dealer [Abstract]

Schedule of Receivable from and Payable to Brokers, Dealers and Clearing Organizations

(Expressed in thousands)
	As of December 31,
	2023		2022
Receivable from brokers, dealers and clearing organizations consists of:
Securities borrowed	$	158,612	$	127,817
Receivable from brokers	65,639		49,125
Securities failed to deliver	29,656		9,099
Clearing organizations and other	30,789		20,036
Total	$	284,696	$	206,077
Payable to brokers, dealers and clearing organizations consists of:
Securities loaned	$	284,987	$	320,843
Payable to brokers	447		123
Securities failed to receive	23,809		62,646
Clearing organizations and other (1)	52,647		166,394
Total	$	361,890	$	550,006

(1) The balances are primarily related to a trade/settlement date adjustment for positions in inventory.